snaphots of the legalview legal market index

12
The American Lawyer and TyMetrix present Snapshots of the LegalView Legal Market Index

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Clients are doling out less work, but paying a higher rate for it, a new TyMetrix index shows.

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Page 1: Snaphots of the LegalView Legal Market Index

The American Lawyer and TyMetrix present

Snapshots of the LegalView Legal Market Index

Page 2: Snaphots of the LegalView Legal Market Index

Hours Billed by Metro Area: All Firm Sizes

0

50,000

100,000

150,000

200,000

250,000

300,000

1st Half 2012 1st Half 2013

Page 3: Snaphots of the LegalView Legal Market Index

Hours Billed by Metro Area: Am Law 100

Houston TX

Dallas

TX

Boston M

A

Philadelphia

PA

San Francis

co CA

Los A

ngeles CA

Atlanta G

A

Wash

ington DC

Chicago

IL

New York NY

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

1st Half 2012 1st Half 2013

Page 4: Snaphots of the LegalView Legal Market Index

Hours Billed by Metro Area: Am Law Second Hundred

Houston TX

Dallas

TX

Chicago

IL

San Francis

co CA

Philadelphia

PA

Boston M

A

Atlanta G

A

Wash

ington DC

Los A

ngeles CA

New York NY

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

1st Half 2012 1st Half 2013

Page 5: Snaphots of the LegalView Legal Market Index

Hours Billed by Metro Area: Non-Am Law Firms

Dallas

TX

Houston TX

Atlanta G

A

Boston M

A

San Francis

co CA

Philadelphia

PA

Chicago

IL

Los A

ngeles CA

Wash

ington DC

New York NY

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

1st Half 2012 1st Half 2013

Page 6: Snaphots of the LegalView Legal Market Index

Total Fees by Metro Area: All Firm Sizes

$-

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

1st Half 2012 1st Half 2013

Page 7: Snaphots of the LegalView Legal Market Index

Total Fees by Metro Area: Am Law 100

Houston TX

Dallas T

X

Philadelphia PA

Boston M

A

Atlanta GA

San Francis

co CA

Los A

ngeles CA

Wash

ington DC

Chicago IL

New York NY$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

1st Half 2012 1st Half 2013

Page 8: Snaphots of the LegalView Legal Market Index

Total Fees by Metro Area: Am Law Second Hundred

Houston TX

Dallas T

X

Chicago IL

San Francis

co CA

Philadelphia PA

Atlanta GA

Boston M

A

Wash

ington DC

New York NY

Los A

ngeles CA

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

1st Half 2012 1st Half 2013

Page 9: Snaphots of the LegalView Legal Market Index

Total Fees by Metro Area: Non-Am Law Firms

Dallas T

X

Atlanta GA

Houston TX

Boston M

A

Philadelphia PA

Chicago IL

San Francis

co CA

Los A

ngeles CA

Wash

ington DC

New York NY$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

1st Half 2012 1st Half 2013

Page 10: Snaphots of the LegalView Legal Market Index

Hours Billed by Practice Area

1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013Corporate Employment and Labor Finance and Securities Intellectual Property

0

50000

100000

150000

200000

250000

300000

Non-Amlaw 200 1-100 101-200

Page 11: Snaphots of the LegalView Legal Market Index

Total Fees by Practice Area

1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013Corporate Employment and Labor Finance and Securities Intellectual Property

$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

$180,000,000

Non-Amlaw 200 1-100 101-200

Page 12: Snaphots of the LegalView Legal Market Index

Average Associate/Partner Rate by Practice Area

1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013 1st Half 2012 1st Half 2013Corporate Employment and Labor Finance and Securities Intellectual Property

$0

$100

$200

$300

$400

$500

$600

$700

Associate Partner